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Credit Doctors Dole out Bad Medicine

By

Aleksandra Todorova

Updated May 19, 2008 4:33 p.m. ET

Thanks to the credit crunch, lenders only have eyes for borrowers with near-perfect credit &mdash; and that comes as welcome news to Edward Jamison. A credit-repair expert, Jamison helps improve consumers' credit scores by quickly removing such things as old collection accounts and errors on their credit reports. Needless to say, business is booming.

These days, Jamison is focusing on an even more lucrative opportunity: selling...